Deerfield Beach, FL -- (SBWIRE) -- 12/11/2015 -- The Global Smart Packaging market is accounted for $27.2 billion in 2014 and is expected to grow at a CAGR of 6.5% to reach $45.03 billion by 2022. The challenge of the market includes High R&D costs and lack of sustainable E-Packaging products. Advancement in printed technology is the opportunity that reside the market growth. Limited user awareness, High rate and accessibility are the restraint factors for Smart Packaging. The key drivers include change in consumer lifestyle, Food consumption and demand for smart Packaging.

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Global Smart Packaging market is mainly segmented by Technology, by Industry and by Geography. Based on Technology, market is segregated into Active Packaging, Intelligent Packaging (IP) and Modified Atmosphere Packaging (MAP). Based on Industry, market is classified into Food & Beverages, Automotive, Healthcare, Personal Care and others. Smart Packaging market, by geography is segmented into North America, Europe, Asia Pacific and Rest of the World. Europe has the leading market as the laws favor for Smart Packaging market.

The key players in the Smart Packaging market include, BASF SE, E. I. Du Pont De Nemours and Company, Amcor Limited, RR Donnelley, Multisorb Technologies Inc., Sealed Air Corporation, Stora Enso OYJ, Huhtamaki Group, Meadwestvaco Corporation and PakSense.

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This study highlights current dynamics and developments in the Smart Packaging market. The report incorporates in-depth analysis of the market growth drivers as well as the inhibiting factors in the Smart Packaging market. The scope of the report covers an extensive evaluation pertaining to the winning imperatives and stakeholder strategies through a presentation of the segmentation of Smart Packaging market in the report.

The numerous factors stimulating this market have been evaluated in the sections of this report. Along with the regional analysis, the current trends in the Smart Packaging market, coupled with the reasons behind the development of some unique segments, have additionally been described in this Smart Packaging market report. The report highlights the competitive landscape by elaborating on the current mergers and acquisitions (M&A), product developments, and venture funding that took place in the Smart Packaging market in the recent past.

The section pertaining to the company profiles explains the dominance of the key players in the Smart Packaging market and an evaluation on the major strategies employed by these key players in order to gain a bigger share in the Smart Packaging market. This will help enhance the understanding on the competitors as well as help in gaining strong insights for strengthening one's position in the Smart Packaging market.

There are numerous factors that are considered in order to provide the analysis and forecast of the Smart Packaging market. Some of the factors are technological, political, social, and economic Smart Packaging market factors. Various analytical tools such as Porter's Five Forces Analysis and Smart Packaging market SWOT analysis are utilized to analyze the data of the Smart Packaging market and help provide a better understanding of the market. The data has been presented via charts, tables, and graphics in Smart Packaging market research report. This visual presentation of the data is very useful in providing a clearer view of the leading applications, end users, and key segments of the Smart Packaging market.